Bitcoin Forum

I'm from China. I've been investing in Bitcoin since 2016. Along the way, I always feel that Chinese people are too extreme. There are cut vegetables. Many air coins and rubbish coins can be copied to the sky. In the dead, in short, Chinese people play with coins, foreigners with coins, and foreigners play with Chinese people. Wherever there are Chinese people, what do you think?

Sometimes extreme might be good. Don't you think this has to do with your cultural background? Or the "being comfortable"mindset that the Chinese started having due to the launch of positive economic reforms that started way back in 1990. No chinese wants to be left behind and if Bitcoin is the next thing to being wealthy, everyone desires to acquire some.

I have no idea what this means.

If by foreigners play with chinese people you mean they do not take them serious then I beg to disagree with you. I think the Chinese are major economic power than can rival any existing economic power.

I am using Google Translate, which means a bit biased. Sorry, the leek I said is a high-priced person.

If China really invested in a certain market, I believe in the short term it will grow very well. But in the long run, many factors need to be taken into consideration, because investors are the first to influence their decisions and certainly Chinese investors understand this.

I'm Southeast Asian and that's quite distinct from China, or even East Asia, definitely different from South Asia. That's sort of my disclaimer as what I'm about to share here is findings on "Asian" Bitcoin or crypto investors (but they really just mean Far East Asia, in my opinion).

In May, at the NY Blockchain Conference, it emerged that our stereotypes about Asian investors were indeed true, when compared to Western counterparts, and especially so with the way they've treated Bitcoin.

Credit to coindesk for doing the interviews: https://www.coindesk.com/bet-vs-buy-ico-market-serious-east-west-divide/

Summary of the findings are that Chinese investors certainly wanted quick money, they didn't believe in long term investments. “Asians love to gamble” is a quote from Jason Fang from Sora Ventures, which makes it even scarier to understand how they view blockchain or even Bitcoin itself.

So yeah, OP, you've got a point. And people really need to sit up and take notice of what they're doing, not just the Chinese.